Common use of Result of Termination Clause in Contracts

Result of Termination. (i) If the sale of Shares provided for herein is not consummated by May 31, 2010 due to reasons beyond the control of either party hereto or if the Company abandons the Offering for reasons within its control, then in addition to its obligations with respect to expenses as set forth in Section 6, the Company will reimburse you on demand for all your reasonable out-of-pocket expenses (including the fees and expenses of your counsel), including disbursements reasonably incurred by you in reviewing the Registration Statement and the Prospectus, and in investigating and making preparations for the marketing of the Shares up to a maximum of $75,000.

Appears in 3 contracts

Samples: Placement Agreement (Shangri-La Tibetan Pharmaceuticals, Inc.), Tianli Agritech, Inc., Dehaier Medical Systems LTD

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Result of Termination. (i) If the sale of Shares provided for herein is not consummated by May 31, 2010 due to reasons beyond the control of either party hereto or if the Company abandons the Offering for reasons within its control, then in addition to its obligations with respect to expenses as set forth in Section 6, the Company will reimburse you on demand for all your reasonable out-of-pocket expenses (including the fees and expenses of your counsel), including disbursements reasonably incurred by you in reviewing the Registration Statement and the Prospectus, and in investigating and making preparations for the marketing of the Shares up to a maximum of $75,000.

Appears in 3 contracts

Samples: Recon Technology, LTD, Recon Technology, LTD, Recon Technology, LTD

Result of Termination. (i) If the sale of Shares provided for herein is not consummated by May 31November 30, 2010 due to reasons beyond the control of either party hereto or if the Company abandons the Offering for reasons within its control, then in addition to its obligations with respect to expenses as set forth in Section 6, the Company will reimburse you on demand for all your reasonable out-of-pocket expenses (including the fees and expenses of your counsel), including disbursements reasonably incurred by you in reviewing the Registration Statement and the Prospectus, and in investigating and making preparations for the marketing of the Shares up to a maximum of $75,000.

Appears in 2 contracts

Samples: Placement Agreement (Tibet Pharmaceuticals, Inc.), Placement Agreement (Tibet Pharmaceuticals, Inc.)

Result of Termination. (i) If the sale of Shares provided for herein is not consummated by May October 31, 2010 due to reasons beyond the control of either party hereto or if the Company abandons the Offering for reasons within its control, then in addition to its obligations with respect to expenses as set forth in Section 6, the Company will reimburse you on demand for all your reasonable out-of-pocket expenses (including the fees and expenses of your counsel), including disbursements reasonably incurred by you in reviewing the Registration Statement and the Prospectus, and in investigating and making preparations for the marketing of the Shares Shares, up to a maximum of $75,00050,000.

Appears in 2 contracts

Samples: Tai Shan Communications, Inc., Tai Shan Communications, Inc.

Result of Termination. (i) If the sale of Shares provided for herein is not consummated by May December 31, 2010 due to reasons beyond the control of either party hereto or if the Company abandons the Offering for reasons within its control, then in addition to its obligations with respect to expenses as set forth in Section 6, the Company will reimburse you on demand for all your reasonable out-of-pocket expenses (including the fees and expenses of your counsel), including disbursements reasonably incurred by you in reviewing the Registration Statement and the Prospectus, and in investigating and making preparations for the marketing of the Shares up to a maximum of $75,000.

Appears in 2 contracts

Samples: Placement Agreement (Tibet Pharmaceuticals, Inc.), Underwriting Agreement (Qingdao Footwear, Inc.)

Result of Termination. (i) If the sale of Shares provided for herein is not consummated by May 31November 22, 2010 due to reasons beyond the control of either party hereto or if the Company abandons the Offering for reasons within its control, then in addition to its obligations with respect to expenses as set forth in Section 6, the Company will reimburse you on demand for all your reasonable out-of-pocket expenses (including the fees and expenses of your counsel), including disbursements reasonably incurred by you in reviewing the Registration Statement and the Prospectus, and in investigating and making preparations for the marketing of the Shares up to a maximum of $75,000.

Appears in 2 contracts

Samples: Placement Agreement (Tibet Pharmaceuticals, Inc.), Placement Agreement (Tibet Pharmaceuticals, Inc.)

Result of Termination. (i) If the sale of Shares provided for herein is not consummated by May October 31, 2010 due to reasons beyond the control of either party hereto or if the Company abandons the Offering for reasons within its control, then in addition to its obligations with respect to expenses as set forth in Section 6, the Company will reimburse you on demand for all your reasonable out-of-pocket expenses (including the fees and expenses of your counsel), including disbursements reasonably incurred by you in reviewing the Registration Statement and the Prospectus, and in investigating and making preparations for the marketing of the Shares up to a maximum of $75,000.

Appears in 2 contracts

Samples: Placement Agreement (China Yuan Hong Fire Control Group Holdings LTD), Placement Agreement (China Yuan Hong Fire Control Group Holdings LTD)

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Result of Termination. (i) If the sale of Shares provided for herein is not consummated by May January 31, 2010 2011 due to reasons beyond the control of either party hereto or if the Company abandons the Offering for reasons within its control, then in addition to its obligations with respect to expenses as set forth in Section 6, the Company will reimburse you on demand for all your reasonable out-of-pocket expenses (including the fees and expenses of your counsel), including disbursements reasonably incurred by you in reviewing the Registration Statement and the Prospectus, and in investigating and making preparations for the marketing of the Shares up to a maximum of $75,000.

Appears in 1 contract

Samples: Placement Agreement (Tibet Pharmaceuticals, Inc.)

Result of Termination. (i) If the sale of the 1,200,000 Shares provided for herein is not consummated by May 31September 30, 2010 2008 due to reasons beyond the control of either party hereto or if the Company abandons the Offering for reasons within its control, then in addition to its obligations with respect to expenses as set forth in Section 6, the Company will reimburse you on demand for all your reasonable out-of-pocket expenses (including the fees and expenses of your counsel), including disbursements reasonably incurred by you in reviewing the Registration Statement and the Prospectus, and in investigating and making preparations for the marketing of the Shares up to a maximum of $75,000.

Appears in 1 contract

Samples: Placement Agreement (Pansoft CO LTD)

Result of Termination. (i) If the sale of Shares provided for herein is not consummated by May March 31, 2010 due to reasons beyond the control of either party hereto or if the Company abandons the Offering for reasons within its control, then in addition to its obligations with respect to expenses as set forth in Section 6, the Company will reimburse you on demand for all your reasonable out-of-pocket expenses (including the fees and expenses of your counsel), including disbursements reasonably incurred by you in reviewing the Registration Statement and the Prospectus, and in investigating and making preparations for the marketing of the Shares up to a maximum of $75,000.

Appears in 1 contract

Samples: Placement Agreement (China Yuan Hong Fire Control Group Holdings LTD)

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